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Thursday, June 10, 2010

Market Thought... thinking alike

He sums up a lot of the points, and mentions deflation as his biggest concern to change his thesis. I stated the same in previous 'market thought' posts, deflation was my concern as well. The method I am assessing it, so that I adjust my thesis and portfolio, is if we get a severe breakdown in the 10yr treasury from the 3.0-3.1% levels.

Since a 'really-big' big-boy highlights the same concern, it re-enforces me that I am following the correct market indicator for my thesis.

The fact that the 10yr bounced off nicely from the 3.2 level was encouraging.